Russian trade in goods with Trinidad and Tobago in Q3 2020
based on data from the Federal Customs Service of Russia
Russia’s Trade with Trinidad and Tobago
In the 3rd quarter of 2020, Russia’s trade with Trinidad and Tobago was $10,414,899, down 53.95% ($12,199,405) from the 3rd quarter of 2019.
Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2020 were $10,252,940, down 54.32% ($12,194,627) from the 3rd quarter of 2019.
Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2020 were $161,959, down 2.87% ($4,778) from the 3rd quarter of 2019.
Russia’s trade surplus with Trinidad and Tobago in the 3rd quarter of 2020 was $10,090,981, a 54.71% decrease ($12,189,849) over the 3rd quarter of 2019.
Trinidad and Tobago was Russia’s 136th largest trading partner in the 3rd quarter of 2020 (down from 124th in the 3rd quarter of 2019), accounting for 0.0076% of Russia’s total trade (down from 0.0136% in the 3rd quarter of 2019).
Trinidad and Tobago was Russia’s 121st largest export market in the 3rd quarter of 2020 (down from 111th in the 3rd quarter of 2019), accounting for 0.0130% of Russia’s total exports (down from 0.0217% in the 3rd quarter of 2019).
Trinidad and Tobago was Russia’s 145th largest supplier in the 3rd quarter of 2020 (up from 150th in the 3rd quarter of 2019), accounting for 0.0003% of Russia’s total imports (just as in the 3rd quarter of 2019).
Russia’s Exports to Trinidad and Tobago
The major share of Russian exports to Trinidad and Tobago in the 3rd quarter of 2020 (and in the 3rd quarter of 2019) was accounted for the following product types:
- Mineral products (HS codes 25-27) - 92.04% of Russia’s total exports to Trinidad and Tobago (98.30% in the 3rd quarter of 2019);
- Wood and wood products (HS codes 44-49) - 5.84% of Russia’s total exports to Trinidad and Tobago (0.83% in the 3rd quarter of 2019);
- Food products and agricultural raw materials (HS codes 01-24) - 1.41% of Russia’s total exports to Trinidad and Tobago (0.00% in the 3rd quarter of 2019).
The largest gains in Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $365,714;
- Coffee, tea, maté and spices (HS code 09) - an increase of $119,294;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $47,903.
The largest declines in Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- Ores, slag and ash (HS code 26) - a decrease of $12,644,436;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $153,310.
| HS code |
Name of product group | Value of exports in Q3 2020, US dollars ($) |
Percent share in total export | Value of exports in Q3 2019, US dollars ($) |
Percent change in Q3 2020 over Q3 2019 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 25,479 | 0.25 | 0 | ∞ |
| 09 | Coffee, tea, maté and spices | 119,294 | 1.16 | 0 | ∞ |
| 26 | Ores, slag and ash | 9,421,503 | 91.89 | 22,065,939 | -57.30 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 15,357 | 0.15 | 0 | ∞ |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 3,695 | 0.04 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 729 | 0.01 | 0 | ∞ |
| 39 | Plastics and articles thereof | 0 | 0.00 | 741 | -100.00 |
| 40 | Rubber and articles thereof | 0 | 0.00 | 328 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 63,078 | 0.62 | 15,175 | 315.67 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 535,762 | 5.23 | 170,048 | 215.07 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 395 | -100.00 |
| 69 | Ceramic products | 6,372 | 0.06 | 0 | ∞ |
| 73 | Articles of iron or steel | 53,257 | 0.52 | 33,104 | 60.88 |
| 74 | Copper and articles thereof | 0 | 0.00 | 2,341 | -100.00 |
| 75 | Nickel and articles thereof | 5,666 | 0.06 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 2,054 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 0 | 0.00 | 373 | -100.00 |
| 85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 0 | 0.00 | 1,011 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 2,748 | 0.03 | 156,058 | -98.24 |
Russia’s Imports from Trinidad and Tobago
The major share of Russian imports from Trinidad and Tobago in the 3rd quarter of 2020 (and in the 3rd quarter of 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 100.00% of Russia’s total imports from Trinidad and Tobago (100.00% in the 3rd quarter of 2019).
The largest gains in Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- No product groups with a substantial increase.
The largest declines in Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - a decrease of $4,778.
| HS code |
Name of product group | Value of imports in Q3 2020, US dollars ($) |
Percent share in total import | Value of imports in Q3 2019, US dollars ($) |
Percent change in Q3 2020 over Q3 2019 |
|---|---|---|---|---|---|
| 22 | Beverages, spirits and vinegar | 161,959 | 100.00 | 166,737 | -2.87 |